A recent Crain’s Cleveland Business headline, reporting on local startup Phenom’s entry into the Silicon Valley accelerator, 500 Startups, led with the words “sad truth,” going on to say that Phenom probably wouldn’t have been accepted into the acclaimed West Coast accelerator unless founders Brian Verne and Mike Eppich had moved from Cleveland to San Francisco.
Somewhat ironically, the story (and the comments found underneath) went on to point out that Phenom hopes to come back to town and that our local startup scene has grown significantly in the last decade.
Image: Ray Leach is CEO at JumpStart Inc., a Cleveland nonprofit that assists entrepreneurs.
